Do you know how much house you can afford? Our mortgage calculator is a great way to get a rough idea of how much you can afford to spend, but be sure to take a look at our Financing Guide to find you a suitable broker in the Okoboji area.
This mortgage calculator can be used to figure out monthly payments of a home mortgage loan, based on the home's sale price, the term of the loan desired, buyer's down payment percentage, and the loan's interest rate.
This calculator factors in PMI (Private Mortgage Insurance) for loans where less than 20% is put as a down payment. Also taken into consideration are the town property taxes, and their effect on the total monthly mortgage payment.
Contact us for more information about financing your next real estate purchase.